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10. On January 1, 2018, the National Furniture method of computing inventory. An internal co inventory to base year. Inventory on Jan year-end costs and
10. On January 1, 2018, the National Furniture method of computing inventory. An internal co inventory to base year. Inventory on Jan year-end costs and cost indexes for its one inventory pany adopted the dollar-value LIFO nternal cost index is used to convert ending was $216,000. Year-end inventories a ne inventory pool were as follows: Year Ended December 31 2018 Inventory at Year-end Costs 2019 2020 $293,760 350,560 354,200 Cost Index (Relative to Base Year) 1.08 1.12 1.15 216 What was DVL inventory on December 31, 2019? $276,480 $322,400 $316,800 None of these answer choices are correct
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